Currency of Loan Sample Clauses

Currency of Loan. [The Borrower hereby represents and warrants that the conditions to lending specified in Section[s] 4.02 (a) [and (b)]5 of the Credit Agreement will be satisfied as of the date of Borrowing set forth above.]6 [The above request has been made to the Administrative Agent by telephone at (212) [ ]]. 2 Eurocurrency Rate Loans shall be in minimum of $1,000,000 (and any amount in excess of $1,000,000 shall be an integral multiple of $500,000). Base Rate Loans shall be in minimum of $500,000 (and any amount in excess of $500,000 shall be an integral multiple of $100,000). 3 Specify Eurocurrency or Base Rate. Alternative Currency Revolving Loans and Euro Term Loans must be Eurocurrency. 4 Applicable for Eurocurrency Borrowings/Loans only. 5 Inapplicable for the initial Credit Extensions on the Closing Date. 6 Applicable for Borrowings of new Loans only. AVAYA INC. By: Name: Title: LENDER: [—] PRINCIPAL AMOUNT: $[—] FOR VALUE RECEIVED, the undersigned, AVAYA INC., a Delaware corporation (the “Borrower”), hereby promises to pay to the Lender set forth above (the “Lender”) or its registered assigns, in lawful money of the United States of America in immediately available funds at the Administrative Agent’s Office (such term, and each other capitalized term used but not defined herein, having the meaning assigned to it in the Credit Agreement dated as of October 26, 2007 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, Sierra Holdings Corp., Citibank, N.A., as administrative agent (in such capacity, the “Administrative Agent”), Swing Line Lender and L/C Issuer, and each lender from time to time party thereto) (i) on the dates set forth in the Credit Agreement, the principal amounts set forth in the Credit Agreement with respect to Term B-3 Loans made by the Lender to the Borrower pursuant to Section 2.01(a)(iii) of the Credit Agreement and (ii) on each Interest Payment Date, interest at the rate or rates per annum as provided in the Credit Agreement on the unpaid principal amount of all Term B-3 Loans made by the Lender to the Borrower pursuant to the Credit Agreement. The Borrower promises to pay interest, on demand, on any overdue principal and, to the extent permitted by law, overdue interest from their due dates at the rate or rates provided in the Credit Agreement. The Borrower hereby waives diligence, presentment, demand, protest and notice of any kind whatsoever. The nonexercise by the holder hereof...
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Currency of Loan. [The Borrower hereby represents and warrants that the conditions to lending specified in Section[s] 4.02
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Currency of Loan. All the Loans provided to the Borrower by the Lender under this Agreement shall be in US$.
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Currency of Loan. Each of the Borrowers hereby represents and warrants that the conditions to lending specified in Sections 4.02(a), (b) and (d) of the Credit Agreement will be satisfied as of the date of Borrowing set forth above.]4 [The above request has been made to the Administrative Agent by telephone at (212) [ ]]. 2 Specify Eurocurrency or Base Rate. 3 Applicable for Eurocurrency Rate Borrowings/Loans only and until 6 months after the Closing Date (unless otherwise agreed by the Administrative Agent) cannot be in excess of one (1) month. 4 Applicable for Borrowings of new Loans only. [CLEAR CHANNEL COMMUNICATIONS, INC., as Parent Borrower,] By: Name: Title: To: Citibank, N.A., as Administrative Agent Citigroup Global Loans 2 Penns Way, Suite 100 New Castle, DE 19720 Attention: [ ] Ladies and Gentlemen: Reference is made to the Credit Agreement dated as of May [ ], 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among BT TRIPLE CROWN MERGER CO., INC., to be merged with and into Clear Channel Communications, Inc., a Texas corporation (the “Parent Borrower”), the Subsidiary Borrowers from time to time party thereto, Clear Channel Capital I, LLC, a Delaware limited liability company, Citibank, N.A., as administrative agent (in such capacity, the “Administrative Agent”), Swing Line Lender and L/C Issuer, each lender from time to time party thereto and the other agents named therein. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The undersigned hereby gives you notice pursuant to Section 2.04(b) of the Credit Agreement that the Parent Borrower requests a Swing Line Borrowing under the Credit Agreement with the terms set forth below:
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Currency of Loan. [[The Parent Borrower] [[Each of the] [The] undersigned Foreign Subsidiary Re-volving Borrower[s]] [Each of the Borrowers] hereby represents and warrants that the conditions to lending specified in Section[s] [4.02 (a) 5 [and (b)(i)]6 [and (b)(ii)]7 of the Credit Agreement will be satisfied as of the date of Borrowing set forth above.]8 1 With respect to the Parent Borrower, Tranche A Term Loan, Tranche B Term Loan, Tranche C Term Loan, Delayed Draw 1 Term Loan, Delayed Draw 2 Term Loan, Dollar Revolving Credit Borrowing or Alternative Currency Revolving Credit Borrowing. With respect to the Foreign Subsidiary Revolving Borrowers, Alternative Currency Revolving Credit Borrowing only. 2 Eurocurrency Rate Loans shall be in a minimum principal amount of $1,000,000 (and any amount in excess of $1,000,000 shall be an integral multiple of $500,000), in each case, or the Alternative Currency Equivalent thereof. Base Rate Loans shall be in a minimum principal amount of $500,000 (and any amount in excess of $500,000 shall be an integral multiple of $100,000), in each case, or the Alternative Currency Equivalent thereof. 3 Specify Eurocurrency or Base Rate. Alternative Currency Revolving Credit Loans (other than an Alternative Currency Revolving Credit Loan denominated in Dollars) must be Eurocurrency.
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Currency of Loan. The currency of loan under the Contract is RMB.
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Currency of Loan. Each of the Borrowers hereby represents and warrants that the conditions to lending specified in [Sections 4.02(a), (b) and (d) [and (e)]3] of the Credit Agreement will be satisfied as of the date of Borrowing set forth above.]4 1 Eurocurrency Rate Loans shall be in a minimum principal amount of $1,000,000 (and any amount in excess of $1,000,000 shall be an integral multiple of $500,000), in each case. Base Rate Loans shall be in a minimum principal amount of $500,000 (and any amount in excess of $500,000 shall be an integral multiple of $100,000), in each case. 2 Specify Eurocurrency or Base Rate. 3 NTD: only include IF a Liquidity Event under clause (a) or (b) of the definition thereof would exist but for the five (5) consecutive Business Days condition in such definition. 4 Applicable for Borrowings of new Loans only. [IHEARTCOMMUNICATIONS, INC., as Parent Borrower,] By: Name: Title: To: TPG SPECIALTY LENDING, INC., as Administrative Agent 000 Xxxxxxxx Xxxxxx, Xxxxx 0000 Xxxx Xxxxx, Xxxxx 00000 Attention: [ ] Ladies and Gentlemen: Reference is made to the Credit Agreement dated as of November 30, 2017 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among IHEARTCOMMUNICATIONS, INC., a Texas corporation (f/k/a Clear Channel Communications, Inc.) (“Parent Borrower”), the Subsidiary Borrowers (as defined therein) from time to time party thereto (together with the Parent Borrower, the “Borrowers”), IHEARTMEDIA CAPITAL I, LLC, a Delaware limited liability company (f/k/a Clear Channel Capital I, LLC) (“Holdings”), TPG SPECIALTY LENDING, INC., as Administrative Agent, the entities party thereto as Swing Line Lender and L/C Issuers, and each lender from time to time party thereto (collectively, the “Lenders” and individually, a “Lender”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The undersigned hereby gives you notice pursuant to Section 2.04(b) of the Credit Agreement that the Parent Borrower requests a Swing Line Borrowing under the Credit Agreement with the terms set forth below: (A) Principal amount to be borrowed1 (B) Date of Borrowing (which is a Business Day) The Parent Borrower hereby represents and warrants that the conditions to lending specified in Sections 4.02(a), (b) and (d) [and (e)]2 of the Credit Agreement will be satisfied as of the date of Borrowing set forth above. 1 Shall be a minimum...
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Related to Currency of Loan

  • Currency of account (a) Subject to paragraphs (b) to (e) below, the Base Currency is the currency of account and payment for any sum due from an Obligor under any Finance Document. (b) A repayment of a Loan or Unpaid Sum or a part of a Loan or Unpaid Sum shall be made in the currency in which that Loan or Unpaid Sum is denominated on its due date. (c) Each payment of interest shall be made in the currency in which the sum in respect of which the interest is payable was denominated when that interest accrued. (d) Each payment in respect of costs, expenses or Taxes shall be made in the currency in which the costs, expenses or Taxes are incurred. (e) Any amount expressed to be payable in a currency other than the Base Currency shall be paid in that other currency.

  • Currency of Payment The contract price will normally be paid in the currency or currencies in which the price has been stated. The purchaser, however, reserves the right to make payments in the currencies of the countries of origin of goods and services at the exchange rates applicable at the time of payment of the contract price.

  • Currency of Payments All payments in respect of, under and in connection with these presents and the Notes of any Series to the relevant Noteholders, Receiptholders and Couponholders shall be made in the relevant currency.

  • Eurocurrency Rate Advances During such periods as such Advance is a Eurocurrency Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurocurrency Rate for such Interest Period for such Advance plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full.

  • Eurodollar Advances Each Eurodollar Advance shall bear interest during its Interest Period equal to at all times the Eurodollar Rate for such Interest Period plus the Applicable Margin for Eurodollar Advances for such period. The Borrower shall pay to the Administrative Agent for the ratable account of each Lender all accrued but unpaid interest on each of such Lender’s Eurodollar Advances on the last day of the Interest Period therefor (provided that for Eurodollar Advances with Interest Periods of six months or more, accrued but unpaid interest shall also be due on the day three months from the first day of such Interest Period), on the date any Eurodollar Advance is repaid, and on the Maturity Date.

  • Base Rate Advances During such periods as such Advance is a Base Rate Advance, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Advance shall be Converted or paid in full.

  • Reserves on Eurocurrency Rate Loans The Domestic Borrower shall pay (or cause the Foreign Borrower to pay) to each Lender, (i) as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Eurocurrency Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive) and (ii) without duplication of any cost in clause (i) of this clause (e), as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided the Domestic Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

  • Eurodollar Rate Advances During such periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurodollar Rate for such Interest Period for such Advance plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Eurodollar Rate Advance shall be Converted or paid in full.

  • Reserves on Eurodollar Rate Loans The Borrower shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Eurodollar Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which shall be due and payable on each date on which interest is payable on such Loan, provided the Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice.

  • Eurodollar Rate Loans After Default After the occurrence of and during the continuation of a Potential Event of Default or an Event of Default, (i) Company may not elect to have a Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Loan and (ii) subject to the provisions of subsection 2.6D, any Notice of Borrowing or Notice of Conversion/Continuation given by Company with respect to a requested borrowing or conversion/continuation that has not yet occurred shall be deemed to be rescinded by Company.

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